B&O Sticks to Quality Plan

Company Struggling With Poor Economy and Mass-Market Competitors

Bang & Olufsen A/S Chief Executive Tue Mantoni said the company isn't veering away from the money-losing high-end electronics business even as its lower-margin products appear to show more promise.

The Danish electronics company, posting wider first-quarter net losses Wednesday, has long been known as one of the world's more exclusive makers of audio and video equipment. But there is a lot of competition from mass-market...